City profile
New Castle, IN
Henry County · Population 17,367
New Castle is a town in Henry County, IN with about 17,367 residents and a typical home value near $98,000. It is 40 miles from Carmel, IN, which shapes its climate, healthcare access and amenities.
Climate
Climate type
Four seasons
Winter avg
27°F
Summer avg
74°F
Sunny days / yr
186
Home prices & cost of living
Median home price
$98,000
Typical monthly housing
$599
Cost of living (100 = U.S.)
73
Taxes
- Property tax
- 0.82%
- State income tax (top)
- 3%
- Social Security
- Not taxed
- Pensions
- Partly exempt
- Sales tax (state + avg. local)
- 7.00%
FEMA natural hazard risk
Relatively Low · county score 45/100
Top hazards: Tornado
Nearest major airport
51 mi to Indianapolis International Airport (IND)
Political lean (2024 county vote)
Leans Republican · 25% Democratic / 73% Republican
Community
Population
17,367
Black population
3.5%
County
Henry County
Detailed crime figures are available for our 201 hand-researched cities.
2025–2026 trends
2026 market trends
- ▸Home prices are still rising in 2026 — good for long-term value, less room to negotiate
- ▸Climate/cost risks to check: tornadoes
Highlights
- About 17,367 residents
- Typical home value about $98,000
- 40 miles from Carmel, IN
Trade-offs
- Smaller community with fewer local amenities
- Scores for this place are estimated from Census data and the nearest major city
Figures are estimates from public sources (see How we match). Verify before making decisions.